ADP // 2021 Universal Registration Document

PRESENTAT I ON OF THE GROUP

GROUP ACTIVITIES

Following an amendment to the Articles of Association aimed at granting Groupe ADP the final decision in the event of a deadlock between the two co-shareholders and a purchase option exercisable in the event of disagreement, Groupe ADP considers that has exercised control over Société de Distribution Aéroportuaire since April 2019. Société de Distribution Aéroportuaire, which was accounted for on an equity basis, has been fully consolidated since then. STRATEGY It is the ambition of Société de Distribution Aéroportuaire to create the “ultimate” Parisian shopping experience for the product segments for which it is responsible. In order to achieve this, it operates shops under its own brands (BuY Paris Duty Free for Beauty, Art of Living and Tobacco, and BuY Paris Collection for Fashion & Accessories), or the shops of known brands at the core of its positioning, notably in Gastronomy, Fashion & Accessories, and photo-video-sound ( via the FNAC brand). At the end of 2019, Société de Distribution Aéroportuaire operated 157 stores with a total surface area of 26,700 m 2 across all terminals at Paris-Charles de Gaulle and Paris-Orly airports. With the drop in traffic in 2021 due to the pandemic and the concentration of traffic on a limited number of terminals, at the end of December 2021 Société de Distribution Aéroportuaire was operating 81 stores covering an area of 19,720 m 2 . Since the second quarter of 2019, following the strengthening of the control of Aéroports de Paris in the governance of Société de Distribution Aéroportuaire, the latter has been fully consolidated in the Group’s financial statements. Relay@ADP PRESENTATION In August 2011, Groupe ADP and Lagardère Travel Retail created Relay@ADP, a French simplified joint stock company (SAS) and subsidiary dedicated to newsagent, bookshop, convenience and souvenir activities. Groupe ADP has a 49% holding in the company, as does Lagardère Travel Retail, while Société de Distribution Aéroportuaire has a 2% interest. The governance procedures for this company, and for excluding the joint partner, are comparable to those applicable to Société de Distribution Aéroportuaire. Following an amendment to the Articles of Association aimed at granting Groupe ADP the final decision in the event of a deadlock between the two co-shareholders and a purchase option exercisable in the event of disagreement, Groupe ADP has exercised control over Relay@ADP since April 2019. Relay@ ADP, which was accounted for on an equity basis, has been fully consolidated since then. At the end of 2019, Relay@ADP managed 76 outlets over a total area of 9,200 m 2 across all terminals at Paris-Charles de Gaulle and Paris-Orly. With the decrease in traffic in 2020/2021 and the concentration of this traffic on a limited number of terminals, at the end of December 2021, Relay@ADP operated in 52 shops covering an area of 6,840 m 2 . STRATEGY The major strategic initiatives implemented by Relay@ADP include: ◆ the opening of large stores under the Relay@ADP brand, allowing for the creation of several areas of product differentiation based around travellers’ needs;

◆ the diversification of its offering, in particular in relation to souvenirs of Paris ( via the Air de Paris brand, which operates both as shops and display corners in Relay shops) and to improved catering. Since the second quarter of 2019, following the strengthening of the control of Aéroports de Paris in the governance of Relay@ Paris, the latter has been fully consolidated in the group’s financial statements. EPIGO PRESENTATION In December 2015, Groupe ADP and Select Service Partner created EPIGO, a French simplified joint stock company (SAS) and retail subsidiary, to set up, operate and develop fast food outlets. The new company began operations on 1 February 2016 and will operate over 35 points of sale for nine years, primarily in terminals 2D, 2E (hall K and hall L), 2F, 1 and 3 of Paris-Charles de Gaulle airport. Select Service Partner was retained after public consultation. Each partner holds 50% of the capital and has rights to 50% of the company’s earnings and reserves. EPIGO shares are inalienable for nine years, i.e. , until December 2024. Moreover, the Articles of Association for Aéroports de Paris allow for each of the partners to exclude the other partner and force the sale of its shares in the case of violation of a clause in the Articles of Association, or the bankruptcy or reduction in the capital of the partner in question to below the legal minimum. In addition, Groupe ADP can exclude Select Service Partner should there be a change in its control or in the event of termination or expiry of all contracts drawn up with Aéroports de Paris setting out the terms of the Company’s presence within Paris-Charles de Gaulle airport. Groupe ADP and Select Service Partner have set up a joint, balanced management framework through several governance bodies: ◆ a Chairmanship held by a legal entity, SARL EPIGO Présidence, where the two joint managers are a representative of Select Service Partner, and a representative of Groupe ADP; ◆ a collective body known as the “Council”, which consists of four representatives for each partner, as well as the Chairmanship of EPIGO; ◆ an Executive Management team, whose role is to manage EPIGO from an operating standpoint. STRATEGY Through this joint company, Aéroports de Paris aims to further improve the reception and services provided to passengers, who will now enjoy a diversified and updated offering consisting of leading international brands and brands embodying the best of French gastronomy. At end-2019, EPIGO managed 38 restaurants over a total surface area of 4,700 m 2 throughout the terminals of Paris-Charles de Gaulle. Despite the drop in traffic linked to the Covid-19 pandemic and the concentration of this traffic on a limited number of terminals, at the end of December 2021, EPIGOwas operating 35 restaurants with a surface area of 5,316 m 2 .

1

67

AÉROPORTS DE PAR I S / UN I VERSAL REG I STRAT I ON DOCUMENT 202 1